Energy assesses the exploration potential of fields and basins, conducting prospect and play analyses and valuating the potential of international concessions. We maintain a comprehensive suite of geoscientific software and use it extensively. That versatility offers more flexibility to clients with G&G data populated throughout any one of several commercial software programs. Energy applies risk-assessment expertise to undrilled prospects and trends. In some cases, Energy performs original geophysical mapping and basin-modeling work. In any assessment of an exploration prospect, we adopt a method of risk analysis, bring objectivity and consistency to portfolio valuation and apply discriminating economic criteria to prospect selection.
The Energy geophysics group analyzes seismic data for oil and gas projects in all stages of maturity from exploration to development to secondary and tertiary recovery.
The firm interprets that data to aid in the development of full-scale geological models and volumetric estimates of oil and gas in place. To investigate structural and stratigraphic reservoirs, Energy geophysicists carefully delineate the geology g. of faults, reefs, salt domes, anticlines and sand channels.
To get the best possible geological picture, the geophysicists analyze and correlate well and seismic data. Where well control is limited, geophysical interpretations enable Energy to project the extensions of hydrocarbon accumulations away from the bore holes.
The geophysics group is familiar with the latest workstation technology and uses a wide variety of interpretation techniques including amplitude analysis, attribute analysis, stratigraphy studies, structural mapping and modeling, AVO analysis, inversion analysis, velocity analysis and forward modelin.
The Energy petrophysics group analyzes clastic and carbonate lithologies in a wide range of depositional environments. The group performs well-log analysis and correlations and core analysis and integrates those interpretations with well-test, geophysics and geology data. Our petrophysicists build crossplots for determining lithologies, porosity and permeability distributions, water-resistivity values, water saturations and shale parameters. Ultimately, the group has developed techniques for determining fluid-transport properties and identifying potential hydrocarbons in some of the most challenging lithology and porosity systems in the world. Energy performs geological analyses of fields and regions worldwide — from basin evaluations to production geology. The firm uses stratigraphic and structural analyses and the latest computer-mapping programs and techniques to help unravel structurally complex geology. The firm generates isopach and structure maps to better understand depositional environments and to define subsurface traps. Reservoir characteristics typically mapped include net and gross reservoir thickness, water saturation, porosity and pore volume. To produce a geologic model, Energy matches core and log data with the seismic stratigraphy and projects extensions of stratigraphic sections in unexplored areas. Energy integrates geological studies with geophysics, petrophysics and fluid properties to estimate the volumes of oil and gas in place.
Energy tests and incorporates a variety of economic scenarios into models to valuate relative effects. Modeling is especially vital inanalyzing how projects pay out under various, complex production-sharing contracts and concession and service agreements. Energy constructs discounted cashflow (DCF) valuation models that allow for the input of various production/cost scenarios. We also customize DCF model layouts for alignment with internal modeling platforms. The DCF model enables an evaluator to perform financial analyses of the project at different points in its lifecycle. Energy performs incremental analysis when evaluating two complementary cases — a base case and upside case. Our DCF models incorporate price and inflation rate assumptions, working interest, taxation items, working capital adjustments, net present values, internal rates of return, payback, abandonment costs, HSE (health, safety and environment) impact, charts and outputs to profit-and-loss statements and balance sheets. Energy also provides clients with instructions detailing the architecture of the models. The firm conducts in-depth economic evaluations using the latest proprietary and commercial software programs. Energy also receives economic models from clients and reviews them for compliance with all the terms of contract agreements.
